Surge Battery Net Income vs. Current Ratio

NILI Stock  CAD 0.35  0.01  2.94%   
Based on the key profitability measurements obtained from Surge Battery's financial statements, Surge Battery Metals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Surge Battery's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-8.9 M
Current Value
-8.5 M
Quarterly Volatility
2.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Surge Battery's Days Of Payables Outstanding is fairly stable compared to the past year.
For Surge Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Surge Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Surge Battery Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Surge Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Surge Battery Metals over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Surge Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surge Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surge Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Surge Battery Metals Current Ratio vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Surge Battery's current stock value. Our valuation model uses many indicators to compare Surge Battery value to that of its competitors to determine the firm's financial worth.
Surge Battery Metals is regarded third in net income category among its peers. It is considered to be number one stock in current ratio category among its peers . Surge Battery reported Net Loss of (8.93 Million) in 2023. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Surge Battery's earnings, one of the primary drivers of an investment's value.

Surge Current Ratio vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Surge Battery

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(8.93 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Surge Battery

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
90.09 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Surge Current Ratio Comparison

Surge Battery is currently under evaluation in current ratio category among its peers.

Surge Battery Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Surge Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Surge Battery will eventually generate negative long term returns. The profitability progress is the general direction of Surge Battery's change in net profit over the period of time. It can combine multiple indicators of Surge Battery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Loss-1.9 M-1.8 M
Net Interest Income170.1 K178.6 K
Operating Income-9.1 M-8.6 M
Net Loss-8.9 M-8.5 M
Income Before Tax-8.9 M-8.5 M
Total Other Income Expense Net-8.2 K-8.6 K
Net Loss-8.9 M-8.5 M
Interest Income170.1 K93.6 K
Change To Netincome729 K765.4 K
Net Loss(0.07)(0.07)
Income Quality 0.41  0.39 
Net Income Per E B T 0.90  0.94 

Surge Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Surge Battery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Surge Battery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Surge Battery's important profitability drivers and their relationship over time.

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Additional Tools for Surge Stock Analysis

When running Surge Battery's price analysis, check to measure Surge Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.